Brazil Economy

Brazil’s future
Has Brazil blown it?
Four years ago the Brazil economy was rocketing which barely stumbled after the Lehman collapse in 2008 and in 2010 grew by 7.5%, its strongest performance in a quarter-century. The progress has however reduced and hundreds of thousands took to the streets in June in the biggest protests for a generation, complaining of high living costs, poor public services and the greed and corruption of politicians.
Brazil has done far too little to reform its government in the boom years. Brazil’s public sector imposes a particularly heavy burden on its private sector. Companies face the world’s most burdensome tax code, payroll taxes add 58% to salaries and the government has got its spending priorities upside down. Considering the pension, the average Brazilian can look forward to a pension of 70% of final pay at 54. Despite being a young country, Brazil spends as big a share of national income on pensions. It spends just 1.5% of GDP on infrastructure, compared with a global average of 3.8%, even though its stock of infrastructure is valued at just 16% of GDP, compared with 71% in other big economies. Dilma Rousseff, the President of Brazil, has scared investors away from infrastructure projects and undermined Brazil’s hard-won reputation for macroeconomic rectitude by publicly chivvying the Central Bank chief into slashing interest rates.
The good part of economy is because of the efficient and entrepreneurial farmers, the world’s third-biggest food exporter. It has several manufacturing jewels, and is developing a world-class research base in biotechnology, genetic sciences and deep-sea oil and gas technology. The consumer brands that have grown along with the country’s expanding middle class are ready to go abroad.
If Brazil has to recover from its vim, it has to 1. Improve its reform, the government cannot look to taxpayers…...

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...According to Al Jazeera English’s video, Brazil’s booming economy July 9, 2008, Brazil is reported as a sleeping giant and a powerhouse. Brazil was also recognized as having one of the fastest growing economies in Latin America based on its strengths of steady gains of investments in the country’s stock market. In 2008, Brazil’s stock market grew 10% within a matter of months. Furthermore, Brazil experienced a vigorous economic growth by far outpacing competitors in expanding their agricultural, mining and manufacturing products. They also enjoy a stable political system and an enormous amount of people available to work in their different areas of growth.
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September 30, 2007, Brazil struggled with some of the same weaknesses of other countries. Although a powerhouse within the world’s economic market, there is still a lot of work to be done within Brazil. Many of Brazil’s poverty stricken or low-income families and communities do not get to enjoy the country’s growth. Some of these families and communities live below the poverty line and simply don’t have the money to invest in the stock market. Additionally, there are even Brazilian families that do live above the poverty line but don’t earn sufficient wages to participate in the stock market because the average income in Brazil does not keep the pace that is required to meet the country’s everyday standards of living.
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...First I will be talking about brazil’s economy. Despite recessionary effects, brazil’s economy has maintained stability, performing better than most emerging markets. Brazil’ Gdp grew 7.5% in 2010 and they are currently the 8th largest economy in the world. This economic growth combined social programs has strengthened the purchasing power of each consumer. For the first time, a majority of Brazilians are now middle class, and domestic consumption is an important driver in Brazil’s growth. The rise in domestic demand and employment, has pushed inflation to 6% causing the central bank to boost interest rates. Because of this, the value of their currency has risen nearly 40% since 2009. Now that we’ve defined Brazil’s economy, lets take a look into Brazilian society.
The second aspect I researched was Brazil’s culture. Brazil is rich in diversity and considered a high context culture. Within this culture, they value people and social harmony, relationships, and group identity. I’ve found that it’s important to establish relationships when conducting business in brazil. Because of the many different cultures, Brazillians have adapted to mixed foods. However, rice, beans, and meats are a predominant food in their diet. Brazil In addition to culture, political stability needs to be assessed as well.
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...Introduction
Brazil is the economic leader in South America. It is located in eastern South America bordering the Atlantic Ocean. Almost 85% of South American countries border Brazil. Most of the country is located below the equator and it has a total area of 8,511,965 square kilometers (Brazil Facts) making it the fifth largest country in the world behind the U.S. Brazil has a distinctive topography, in the north and west you can find the Amazon Basin with tropical-like weathers. Brazil is also facing deforestation losing about 52,000 square miles of amazon each year. In the south east of the country you will find its highlands and plateaus. Brazil also has a distinctive climate. The climate is generally classified into five subtypes: equatorial, tropical, semiarid, highland tropical and subtropical but 90% of the country is mostly considered tropical. (Climates of Brazil)
Social Economic and Cultural Factors
As for being the fifth largest country in the world land wise, Brazil is also the fifth largest country when it comes to population. According to the CIA Brazil’s population in 2012 was over two hundred million. 26.2% of the population in 2011 is between 0-14 years of age, 67% of the population in 2011 is between 15-64 years of age, and 6.7% of the population in 2011 is 65+ years of age.(CIA Fact book) Because Brazil was colonized by the Portuguese the primary language in this country is surprisingly Portuguese! Other slightly common languages you might also hear are...

...the case of prepaid mobile telephones. In addition, the development of a specific model of digital television makes the Brazilian market a gigantic laboratory for the use of applied technology.
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Infrastructure and partnerships
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...In 1822, Brazil became an independent nation from Portugal and is now the 5th largest country in the world with a quickly growing economy, a population of almost 200 million people, and a booming middle class. Located in the middle-easter part of South America, Brazil borders Peru, Bolivia, Paraguay, Uruguay, Columbia, Venezuela, Guyana, Suriname, French Guiana - nearly all of the countries in South America! Brazil has a massive territorial size, covering nearly half of the continent, occupying an area of 3,286,470 square miles.
Since July of 1994, under President Itamar Franco’s plan to stabilize the Brazilian economy, the currency has been the real. Brazil has become one of the largest markets in the world. When you think of Brazil, you may think of coffee, sugar cane, and other agricultural products, however, this economically diverse country has a strong industrial base producing and exporting commercial aircrafts, chemicals, petro chemicals, and machinery to the United States and South American countries. It also has many natural resources, including bauxite, gold, iron ore, manganese, nickel, phosphates, platinum, tin, uranium, petroleum, hydropower, and timber. Yet the largest sector of economy is in services including banking, telecommunications, energy, commerce, and information technology.
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...The Brazilian economy is the seventh largest economy in the world by nominal gross domestic product and the eighth largest by purchasing power parity. It is one of the world’s fastest growing economies. Brazil is also the home to a vast diversity of wildlife and natural resources.
With such a fast growing economy, it is important to have a solid and effective IT infrastructure. In this essay, I will speak about the restructuring of the Brazilian IT governance and the decisions made to ensure the best outcome in this process.
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Information technology is the largest capital expense that contributes to a correctly managed firm and allows the organization to effectively achieve its business goals. This is necessary to standardize business and customer needs and for the progression of the country.
2. Why had the Brazilian government outsourced so much of their IT operations? What are the reasons for outsourcing, and what are the disadvantages and consequences of overusing outsourcing in either the public or private sector?
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...White sandy beaches, tanned skin, vibrant music and joyful people. If asked to describe Brazil in a few words, most people would most likely mention those four things, but there is much more when it comes to this diverse and amazing country. It would take me days to talk about every single detail, so I will make it short and try to point out the most important things about Brazil. Even if you are not planning on traveling to Brazil anytime soon, it is always interesting to learn about different countries, because it enriches your knowledge about different cultures, opens your mind to different possibilities, and most important, the deeper understanding of something different is what makes your life richer. For those of you who don’t know, I was born and lived in Brazil my entire life and throughout middle school and high school I always had history and geography classes about Brazil, so I have some understanding in that area. Today, I will talk a little bit about the history and geography, the culture, and what you should know when planning a trip to Brazil.
First I will tell you a little bit about the history and geography of Brazil. Brazil was colonized by indigenes and according to the website Lonely Planet, there were around two to four million natives who were divided into several tribes, prior to Portugal’s arrival in the 16th century (http://www.lonelyplanet.com/brazil/history). After Portugal’s arrival, there was a cultural shock between both cultures. The Portuguese...

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I’d like to say that Brazil was leading the BRICs as of the date of the case. Several facets were noticed as below:
• Growth of economy: Brazil had sustained an average annual GDP growth of 4% since 2000. Between 2002 and 2009, inequality and poverty had declined significantly and more than 30 million Brazilians had advanced from lower income strata to the middle class.
• Brazil held important leadership positions in the Group of Twenty (G-20) and had become a major player in multilateral trade negotiations.
• Brazil’ s success in World Trade Organization (WTO) disputes concerning developed country agricultural subsidies, use of WTO compulsory licensing provisions to break patents, and diplomatic negotiations with Iran had generated tensions with the United States and the European Union.
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...Brazil
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By:Megan Robinson
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Brazil is the 6th largest country in the world in size and the largest country in economy and size on the South American continent. While the country started under Portuguese rule for three centuries, Brazil took over its Independence in 1882. Brazil’s official language is Portuguese and the capital is Brasilia. The country is prodominatly known for the Amazon Rainforest. Brazil follows in size to the largest economy in the world, the United States of America.(The World Factbook) With Brazils growing economy they are doing things progressively more like the United States but still maintain some differences of their own.
Families in America and Brazil in this current day are very similar. In Brazil the divorce rate has in the recent years hit and all time high. Divorce rates rose 36.8% in one year from 2009 to 2010. These increases were contributed to the ease of the divorce process that congress approved in 2009.This took their divorce rate to 1.8 per 1000 people.(Divorce Rate) However this number is still lower than that of the United States with a divorce rate of 4.9 per 1000 people.(Cherlin)
When looking at fertility in Brazil, it has hit an all time low. According to a census in 2011, fertility fell to 1.94 children per woman. This is concerning because in order for Brazil to maintain their population women need to be conceiving on average of 2.1 children. Many factors are contributing to the decline in birth rate such as...

...Brazil is a country that has seen income inequality drop of the last decade, unemployment is at near record lows, and there has been substantial middle class growth. By most estimates, 40 million people have been pulled out of poverty in the last decade and extreme poverty had been reduced by 89 percent. Nocera, Joe; "Does Brazil Have the Answer," The New York Times, 20 Jan, 2014.
Brazil is the largest of the Latin American countries and covers nearly half (47.3%) of the continent of South America. It occupies an area of 3,386, 470 square miles and is the fifth largest country in the world after Russia, Canada, China, and the United States.
According to the Central Intelligence Agencies World Fact Book, Brazil's economy is characterized by a large and well-developed agriculture, mining, manufacturing , and service sector. Once a third world country, Brazil has experienced rapid growth and boasts a rapidly expanding middle class. Since 2003, Brazil has steadily improved its macroeconomic stability, building up foreign reserves, and reducing its debt profile by shifting its debt burden toward real denominated and domestically held instruments. In 2008, Brazil became a net external creditor and two ratings agencies awarded investment grade status to its debt. After strong growth in 2007 and 2008, the onset of the global financial crisis hit Brazil in 2008. Brazil experienced two quarters of recession, as global demand for Brazil's commodity-based exports......

...FT SPECIAL REPORT
New Trade Routes Brazil
Wednesday December 3 2014 www.ft.com/reports | @ftreports
Struggling with the transition
The end of the commodity supercycle is bringing challenges, reports Joe Leahy
Inside
Mercosur fails to open doors The country’s approach to trade policy could see it left behind
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arly in October, an event took place that showed that foreign investor interest in Brazil remains resilient, even as the economy has slowed in recent years. BMW, the German carmaker, opened its factory in the southern state of Santa Catarina to begin producing its Series 3 sedan in an investment that is projected to cost R$600m ($240m) and generate 1,300 jobs. “Whether or not to export will depend on the economy and the speed with which we manage to nationalise production of our cars,” Arturo Piñeiro, president of the carmaker in Brazil, said at the opening ceremony. BMW is not the only company investing in an economy that is undergoing a deep shift in trade flows with the end of the commodity supercycle and the slowdown in China. In the 10 months to the end of October, Brazil attracted $52bn of foreign direct investment inflows, putting it on track to reach about $60bn by the end of 2014, roughly in line with previous years. “This will be another positive year,” says Alexandre Petry, executive manager of investments at Apex-Brasil, the export promotion agency of Brazil. “The principal driver for investors is our market: 200m people with a lower...

...The varying population of Brazil makes it a prime spot for introducing products. In order to understand marketing aspects we first need to look at the background of the country in order what needs we could meet with our product. Brazil was “discovered” in 1500 with Portuguese awarded the territory in accordance with the agreement of Tordesillas. It was named after a red wood, pau-brasil, which a deep red dye was made out of. In the early days of Brazil sugar plantations drove the economy in the northern part of the country. This lasted for about 150 years until gold was found in the inland southern part of the colony in an area called Minas Gerias in around 1690. This is important because it begins to shift the wealth of the country from the north to the south. Diamonds and other minerals were found. This caused a switch in the main entry port to Rio de Janeiro. In the early 1800’s Napoleon’s army chased the royal family of Portugal out where they fled to their colony of Brazil landing in Rio. As soon as they landed they began to build more modern type infrastructures for Brazil such as banks, universities, mints and museums. The opening and expanding of these ports allowed for better trade with other European nations. When Napoleon fell it allowed Dom Joao VI to return to Portugal and leave his son in charge. During this time Brazil earned status that equal of Portugal. Slave labor was heavily used in Brazil until it was ended in 1888. Landowners were unhappy......

...1. The United States and Brazil have their differences in slavery. Slaves in Brazil tended to die younger than North American slaves. Defining the children of slaves as slaves was not as economically important as it was in the United States. Long time Portuguese immigrants to Brazil were mostly male. Also, creating a clear “black-white” dichotomy was not as important as it was in the United States.
2. There are several ways that whitening was pursued. One way is that they encouraged and subsidized the immigration of European workers and completely banned black immigration. Whitening in Brazil also included active encouragement of racial intermarriage to improve black genetics with white genes. Those few blacks who were able to crawl up the class ladder were also whitened. The third way is that the whitening policy also allowed what was called the mulatto escape hatch. Most poor blacks viewed their difficulties in terms of class, not race.
3. The most dramatic recent change in Brazil’s racial policies was the government’s official endorsement of a quota-based affirmative action program. Those who opposed affirmative action argued that it is impossible to determine who is truly black and therefore deserve preferential treatment.
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...Beauty of Business in Brazil
Unknown to so many, South America is a very robust and expanding region with a population reaching close to 200 million native people as well as foreign population. South America has a very tropical climate, and the primary language in South America is Portuguese. Brazil is the fifth largest country in the world, and the largest country in Latin America. Brazil is an economically growing country located in northeastern part of South America. Brazil gained its independence from Portugal in 1822. Years later, in 1888 slavery was abolished in the nation. The next year in 1889,
The Brazilian Republic was established. Brazil is well-known as the world’s leader in coffee production and exportation. Brazil produces one third of the world’s total coffee production. The country has held this position in the coffee market for 150 years. In 1982, Brazil held the world’s largest debt at the time. In 1986, the country put forth a plan to control inflation (BBC News. 2012). The country has come a long way since last century. Brazil’s economy is now ranked seventh in the world related to nominal GDP and the seventh largest in terms of purchasing power and value of the Brazil’s currency. In 2012, the country’s gross domestic product was 2.253 trillion US dollars. According to BBC News, Brazil’s economy growth has doubled from the expected rate in the final quarter of 2013. This growth was surprising considering the
Countries economy declined......

...2012
BRAZIL
Unemployment
Shadae L. Gardner
2012
BRAZIL
Unemployment
Shadae L. Gardner
Brazilian unemployment affected young Brazilians the most by increasing the unemployment rate 2.3 times higher than usual. It will be less developed job skills and work experience for these young adults. Following a rate of steady decline, the youth unemployment rate rose 0.5 percent points to 18.5 percent average in 2009 while the total unemployment rate raised 0.2 percent average in 2009. By sector, the largest decrease in employment occurred in manufacturing due to a sharp fall in industrial production (12.5 per cent), mainly in export-oriented industries. Paid employment in the sector declined 5.3 per cent in 2009 while working hours contracted slightly (0.3 per cent) and real wages rose 2.5 per cent.
At the total economy level, over 94,000 jobs were created during the first three quarters of 2009 compared to the same period in 2008. Employment growth by sector was highest in public administration, education and health (130,400 jobs created), followed by financial and business services (19,100) and construction (16,300). In addition to job losses in manufacturing, net job losses totaled 104,600 in utilities and 14,700 in wholesale and retail trade. In the third quarter of 2009, employment continued to decline in utilities (2.4 per cent) and wholesale and retail trade (0.16 per cent), albeit at a slower pace. Conversely, job growth continued to expand in public......